Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: cpt :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: form 3cd :: VAT Audit :: list of goods taxed at 4% :: TDS :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: due date for vat payment
 
 
« Customs and Excise »
 Allocate the charges amongst the Members of the Central Board of Excise and Customs
  Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd.
 4 new members appointed in Central Board of Excise and Customs
 Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd.
 Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017
 Central Board of Excise and Customs to soon notify new procedural framework
 CBEC set to be Central Board of Indirect Taxes and Customs
 Govt to give customs, excise duty benefits to boost solar rooftop sector
 Clarification regarding posting of Central Excise officer in Cigarette units-reg.
 Ensure transparency in excise department working: Bizmen to government
 It is time to review the customs duty on essential food imports

Push for global trade with 24X7 customs clearing
August, 21st 2012

International trade in the region is expected toget a major boost, with the citys airport and the port set to be the first in the countryto have a round-the-clock customs clearing and other allied facilities.

Customs clearing of cargo, which for now takes place only during working hours, ends up hindering the growth of global trade. It is more than often that cargo gets stuck at airports or ports until the clearance facilities for the day open. What follows is a series of delays resulting in the piling of cargo awaiting clearance, thus slowing down the pace of global cargo transportation.The new initiative is expected to start from August 25.

Since over a century, the city has acted as an important financial hub of the country. As per the statistics available with Airport Authority of India (AAI), the Mumbai airport carriedaround 6,90,233-tonne cargo in 2010-11.

Similarly, according to the statistics released by Association of Port Authorities (APA) in May, the Mumbai airport ranks 26th among the world ports in terms of containerised cargo transportation with 4.326 million TEU (twenty foot equivalent unit) being handled in 2010.

The new initiative will involve activation of round-the-clock services of not only customs clearance, but also those of other agencies, including security officials like the CISF,authorities of MIAL/ Mumbai ports, apart from allied services like that ofdrug controller, Food Safety and Standards Authority of India, custodians of the cargo airlines/ships, customs house agents, banks, transporters, etc. In fact, by Friday a notice regarding the initiative would be issued to all authorities concerned, said officials of the prime ministers office.

If successful, the initiative will be duplicated at other airports in the country as well, officials added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions